The Ottawa based company recorded a profit of US$36 million for the second quarter of this year. Reported in US dollars, Shopify recorded their adjusted earnings at $129.4 million, up $10.7 million from this time last year. Financial market data firm Refinitiv had expected the company to be reporting a net loss this year,…
ShopHERE, launched in May of this year, will recieved C$1 million in funding from Google Canada as it expands across Canada. Originally set up as a City of Toronto initiative, the scheme is designed to help local independent businesses and artists setup online storefronts so that they can continue to operate despite lockdown measures.…
Tik Tok has announced users of the app will be able shop as they scroll through videos due to a new deal with ecommerce platform Shopify Shopify adds the short video based app to its list of partners which now includes Pinterest, Instagram and Facebook, as it looks to enable more options for its…
The Government of Canada has launched the campaign to help support small business move and adapt to online operations in the wake of Covid-19 Minister of Small Business, Export Promotion and International Trade, Mary Ng said “Our government is working hard to harness this entrepreneurial spirit and help Canadians turn their innovative ideas into…
Affirm allows for customers to pay for products in instalments. “Shop Pay Instalments” will be rolled out later this year and allows for payments to be broken into four equal bi-weekly segments. Affirm CEO Max Levchin, who is also one of the founders of PayPal, said that they had seen “unbelievable traction on Shopify…